Remove Examples Remove Factories Remove Strategy
article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges.

article thumbnail

Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

The digital transformation of the operations and processes of factories and supply chains is based upon digitization of carefully selected machines and digitalization of the related business processes. So here goes – read on for a greater understanding of these concepts and the role they play in your journey to a smart factory.

Digital 133
article thumbnail

The smart factory Part 3: What does the factory of the future look like

SYSPRO Smarter ERP

IoT sensors in the supply chain and robotics in factories are fluently available. In the last decade alone, we have seen factories move from basic digitization to more predictive power. In part 1 of the smart factory series we unpacked digitization, digitalization and digital transformation.

Factories 105
article thumbnail

The smart factory Part 2: How manufacturers and distributors can evolve towards the smart factory

SYSPRO Smarter ERP

This means making factories smarter for the future. Here’s a look into the smart factory and the steps to start the path to one taking advantage of the benefits technology can offer. What is the smart factory? How to create a smart factory. Where does your factory need to make improvements?

Factories 105
article thumbnail

The smart factory Part 3: What does the factory of the future look

SYSPRO Smarter ERP

IoT sensors in the supply chain and robotics in factories are fluently available. In the last decade alone, we have seen factories move from basic digitization to more predictive power. In part 1 of the smart factory series we unpacked digitization, digitalization and digital transformation.

article thumbnail

LG Acquires Majority Stake in Bear Robotics to Bolster Robotics Capabilities

Logistics Viewpoints

This acquisition aligns with LG’s strategy to strengthen its presence in the robotics sector, a key growth area for the company.